āagman

Not investment advice. Data and computed figures, for information only.

CreditAccess Grameen Ltd

NSE: CREDITACC
₹1,262.40
−₹5.10 (−0.40%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹20,348 Cr
CMP
₹1,262.40
52-wk High / Low
₹1,634 / 1,113
P/E
16.8
P/B
2.6
Book Value
₹490.0
Div Yield
0.00%
ROCE
10.0%
ROE
11.0%
Face Value
₹10
D/E
3.01

Price−8.5% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 14 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹732
√(22.5 × EPS × book value per share)
Cash flow to profit
−3.56
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
11.0%
ROE × earnings retention ratio
ROE stability
5.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.03FII +0.54DII +0.08
Latest quarter vs the previous one
Cash-accrual divergence
11.9%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 3.8pp over the last year
+PE of 16.8x is below the sector median of 20.4x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Promoter holding fell by 7.5pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)
−Balance-sheet accruals of 11.9% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1701,2471,2921,4571,5121,4531,3801,4071,4631,5081,4901,5971,783
Expenses3063453654344537001,020864885845678660558
Operating Profit—————————————
OPM %—————————————
Other Income1132112111111
Interest385424442482510485475478482480459478550
Depreciation12121314141716151516161616
Profit before tax467467476529535252−1295181169338445660
Net Profit348347353397398186−1004760126252340493
EPS (₹)22.3021.8122.2024.9124.9511.67−6.242.963.777.8715.7521.2030.79

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2821,7042,4612,6693,4875,1675,7526,0596,380
Expenses3616401,3081,2351,1791,4443,0303,0612,740
Operating Profit—————————
OPM %—————————
Other Income11581646444
Interest4175849339871,2161,7381,9551,9051,967
Depreciation82044475051626364
Profit before tax4984621804811,1051,9397091,0331,612
Net Profit3223351313538261,4465317781,211
EPS (₹)22.4123.178.6122.6552.8790.7233.2748.5475.61

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital144144156156159159160160—
Reserves2,2222,5903,5364,0114,9486,4116,7967,682—
Other Liabilities126316427394439460401447—
Total Liabilities7,35712,59015,06017,48221,85828,87127,80231,930—
Fixed Assets25576573629599609604588—
CWIP23134540—
Investments046114551,4398931,075—
Other Assets7,33011,96514,48616,84920,80126,81826,30230,267—
Total Assets7,35712,59015,06017,48221,85828,87127,80231,930—
Borrowing4,8679,54010,94112,92116,31221,84120,44623,641—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−1,378−2,228−455−2,713−3,290−4,7341,125−2,770
Cash from Investing Activity−7−63824−33−314−994708−101
Cash from Financing Activity1,8292,9212,1461,9673,3655,494−1,6692,751
Net Cash Flow444541,715−780−239−234164−120

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %———————10.0
ROE %14.013.04.09.018.025.08.011.0
EPS (₹)22.4123.178.6122.6552.8790.7233.2748.54
Book Value (₹)———————490.0
Face Value (₹)———————10
P/E———————16.8
Div Yield %———————0.00
NPM %25.119.65.312.823.328.09.212.8
OPM %————————
D/E2.063.492.963.103.193.322.943.01
P/B———————2.6

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+20.0%
3 years+20.0%
TTM+12.0%
Compounded profit growth
5 years+42.0%
3 years−2.0%
TTM+524.0%
Stock price CAGR
5 years+13.0%
3 years−3.0%
Last year−8.0%
Return on equity
5 years14.0%
3 years14.0%
Last year11.0%

Shareholding pattern

As of 30 Sep 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters80.19%80.19%79.94%73.99%73.85%73.68%66.58%66.43%66.24%66.21%
FIIs7.58%7.58%5.59%10.14%8.24%9.67%11.65%11.38%12.94%13.48%
DIIs5.54%5.54%8.66%9.02%10.94%12.27%15.76%12.67%12.59%12.67%
Government——————————
Public6.69%6.69%5.80%6.86%6.97%4.38%6.01%9.50%8.23%7.64%
No. of shareholders44,86644,86641,74438,45634,56841,97969,8241,19,81983,88479,071
Change since Jun 2023 (pp)
Promoters −13.98FIIs +5.90DIIs +7.13Public +0.95

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSInterim Business Update - September 2026Announcement under Regulation 30 (LODR)-AllotmentAnnouncement Under Regulation 30 Of SEBI LODR
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTJan 2026TranscriptJan 2026PPTJan 2026RecordingJan 2026PPTNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 26 Jul 2024
26 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman